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View Full Version : Mexico’s Peso Rises for a 7th Day on Fed Plan to Revive Growth - Bloomberg



NewsWhore
03-18-2009, 05:40 PM
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Mexico’s Peso Rises for a 7th Day on Fed Plan to Revive Growth (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dad8BHHtXouBE%26refer%3Dnews&cid=1315974341&ei=Il3BScGVPJju7AOdobGJCQ&usg=AFQjCNEQJNW2Z2OwigJNrclij8jrkm0eNw)
Bloomberg
The peso’s seven-day rally has pushed the Mexican currency up by 12 percent since March 9, when it touched a record low of 15.5892. The Fed decision “translates into a faster recovery and this is good news for the peso,” said Luis Flores, an economist ...


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